IDFM Mortgage Management

'How can I check the mortgage
marketplace for the best deal'

How We Are Paid

Research & Analysis

Research and Analysis	Direct Lenders and Intermediary Lenders	Intermediary Lenders only
Initial meeting review current personal and financial position examine your circumstances and requirements establish client's objectives	Free	Free
Research & Analysis research appropriate solutions using the best mortgage sourcing system currently available in the UK. access the best mortgage product for your requirement after considering all fees and monthly repayments. produce a mortgage report to summarise the best mortgage products available.	£400	£300 (Please note the following concessions apply: Mortgages over £250,000 50% of fee is refundable on completion Mortgages over £500,000 100% of fee is refundable on completion)
Notes	All fees are payable upfront and are non-refundable unless specified otherwise. You are responsible for booking the rate and making the application. Please note that rates are constantly withdrawn and replaced. No refund is payable if you fail to book the recommended rate within 24 hours of the recommendation.	All fees are payable upfront and are non-refundable unless specified otherwise. Please note that rates are constantly withdrawn and replaced. No refund is payable if you fail to book the recommended rate within 24 hours of the recommendation.

Solution Implementation

Services include	Direct Lenders and Intermediary Lenders	Intermediary Lenders only
Present Client Solution present merits of the various mortgage solutions cover reasons for recommending product and provider	£600	£600 These fees are contingent fees and are fully refundable on completion of an ‘intermediary’ mortgage where a commission is generated to cover the cost of our services. Our firm will be paid a commission by the lender on successful completion of the mortgage. 0r A fee of 0.35% of the loan amount is payable by the client on completion and we will refund to you any commission we receive from the lender. For example on a mortgage of £200,000 the fee would be £700.
Solution Implementation complete relevant paperwork and forward to lender work closely with your lender, solicitor and surveyor to manage the process right through to achieving a satisfactory mortgage offer. you will be appointed a mortgage case handler who will keep you updated with the progress of the mortgage application issue a ‘suitability report’ detailing the reasoning supporting the advice	£600
Notes	All fees are payable upfront and are non-refundable unless specified otherwise. Please note that rates are constantly withdrawn and replaced. No refund is payable if you elect not to proceed with the mortgage application after the application has been made.	All fees are payable upfront and are non-refundable unless specified otherwise. Please note that rates are constantly withdrawn and replaced. No refund is payable if you elect not to proceed with the mortgage application after the application has been made.

YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

'You can choose how we are paid for mortgages: pay a fee, usually 0.5% of the loan amount, or no fee and we accept commission from the lender.'

Please contact IDFM on 0845 2706160 for further information
or email peter@idfmcity.com